Check ICAI Exemption Status Nov 2023 and May 2024: Exemption(s) from appearing in paper(s) or Group of Chartered Accountancy Examinations under the New Scheme of Education and Training w.e.f. May 2024 Examination.
New Scheme of Education and Training of the Institute of Chartered Accountants of India has been implemented with effect from 1st July 2023. The examination at Intermediate and Final levels under the New Scheme of Education and Training will be held with effect from May 2024 Examination.
The Council of the Institute has decided to grant exemptions under New Syllabus approved by it for Intermediate Examination (under sub-regulation (4) of regulation 28G of the Chartered Accountants Regulations, 1988) and for Final Examination (under clause (v) of regulation 31 of the Chartered Accountants Regulations, 1988) to existing students for papers passed by them under the Old/Existing Scheme as follows: –
CA Final Exemptions
Paper-wise exemption on the basis of securing sixty per cent or more marks:
The Council decided (under sub-regulation (5) of regulation 38D of the Chartered Accountants Regulations, 1988) to continue to award exemption in a paper or papers to a candidate, granted earlier under Old/Existing Scheme (by virtue of having secured a minimum of sixty percent marks in one or more papers in a Group/s as per the existing criteria for grant of exemption), for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the Council under New Scheme as given below:
| Paper(s) under Existing Scheme | Corresponding paper(s) under New Scheme |
|---|---|
| Paper 1: Financial Reporting | Paper 1: Financial Reporting |
| Paper 2: Strategic Financial Management | Paper 2: Advanced Financial Management |
| Paper 3: Advanced Auditing and Professional Ethics | Paper 3: Advanced Auditing, Assurance and Professional Ethics |
| Paper 4: Corporate and Economic Laws | Self-Paced Online Module SET A: Corporate and Economic Laws |
| Paper 5: Strategic Cost Management and Performance Evaluation | Self-Paced Online Module SET B: Strategic Cost & Performance Management |
| Paper 6: Elective Paper | Paper 6: Integrated Business Solutions |
| Paper 7: Direct Tax Laws and International Taxation | Paper 4: Direct Tax Laws & International Taxation |
| Paper 8: Indirect Tax Laws | Paper 5: Indirect Tax Laws |
Details of papers/ group in which candidates are required to appear and pass in Final Examination under New Scheme:
The Council decided that a candidate who has passed in any one but not in both the groups of the Final Examination under Existing Scheme shall be eligible for exemption in that particular group and shall be required to appear and pass in the remaining group / paper(s) in order to pass the Final Examination under New Scheme as given below:
CA Final Group-I Exemptions
First Group passed CA Final under Existing Scheme:
| Papers passed under Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 1: Financial Reporting | Paper 1: Financial Reporting |
| Paper 2: Strategic Financial Management | Paper 2: Advanced Financial Management |
| Paper 3: Advanced Auditing and Professional Ethics | Paper 3: Advanced Auditing, Assurance and Professional Ethics |
| Paper 4: Corporate and Economic Laws | Self-Paced Online Module SET A: Corporate and Economic Laws |
Therefore, the following Papers required to be passed under New Scheme:
- Paper 4: Direct Tax Laws & International Taxation
- Paper 5: Indirect Tax Laws
- Paper 6: Integrated Business Solutions
- Self-Paced Online Module SET B: Strategic Cost & Performance Management.
CA Final Group-II Exemptions
Second Group passed CA Final under Existing Scheme:
| Papers passed under Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 5: Strategic Cost Management and Performance Evaluation | Self-Paced Online Module SET B: Strategic Cost & Performance Management |
| Paper 6: Elective Paper | Paper 6: Integrated Business Solutions |
| Paper 7: Direct Tax Laws and International Taxation | Paper 4: Direct Tax Laws & International Taxation |
| Paper 8: Indirect Tax Laws | Paper 5: Indirect Tax Laws |
NOTE: CA Final Course Students appearing in May 2024 Examination under New Scheme may qualify Self-Paced Online Modules, as applicable, after passing May 2024 Examination but before applying for membership. Thereafter, the candidate would be eligible for subsequent examination only after qualifying Self-Paced Online Modules, as applicable.
Students who have appeared in Final Old/ Existing Scheme and converting to Final New Scheme are exempted from appearance in Self-Paced Online Module SET C and SET D.
CA Intermediate Exemptions
Paper-wise exemption on the basis of securing sixty per cent or more marks:
The Council decided (under sub-regulation (7) of regulation 37D of the Chartered Accountants Regulations, 1988) to continue to award exemption in a paper or papers to a candidate, granted earlier under Old/Existing Scheme (by virtue of having secured a minimum of sixty percent marks in one or more papers in a Group/s as per the existing criteria for grant of exemption), for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the Council under New Scheme as given below:
| Paper(s) under Existing Scheme | Corresponding paper(s) under New Scheme |
|---|---|
| Paper 1: Accounting | Paper 1: Advanced Accounting (AA) |
| Paper 2: Corporate and Other Laws | Paper 2: Corporate and Other Laws (COL) |
| Paper 3: Cost and Management Accounting | Paper 4: Cost and Management Accounting (CMA) |
| Paper 4: Taxation | Paper 3: Taxation |
| Paper 5: Advanced Accounting | Paper 1: Advanced Accounting (AA) |
| Paper 6: Auditing and Assurance | Paper 5: Auditing and Ethics (AE) |
| Paper 7: Enterprise Information Systems & Strategic Management | Paper 6: Financial Management and Strategic Management (FM & SM) |
| Paper 8: Financial Management & Economics for Finance | Paper 6: Financial Management and Strategic Management (FM & SM) |
Details of paper/unit/group in which candidates are required to appear and pass in Intermediate Examination under New Scheme:
The Council also approved the “Unit” Scheme for those candidates who had completed one of the Groups under the erstwhile Intermediate Examination under the syllabus as specified in paragraph 2A of Schedule B to the Chartered Accountants Regulations, 1988 (held in November 1994 or thereafter) or Professional Education (Examination II) or Professional Competence Examination (PCE), or Intermediate (Professional Competence) Examination, or Integrated Professional Competence Examination or Intermediate (IPC) Examination or Intermediate Examination and are desirous of completing the Intermediate Course (New) Syllabus as given below:
CA Inter Group-I Exemptions
First Group passed CA Intermediate under Existing Scheme:
Scenario-I: Group-I passed in Intermediate under Paragraph 2A of Schedule ‘B’ (i.e. November 1994 or later) or Professional Education Examination–II or Professional Competence Examination.
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 1: Advanced Accounting/ Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Auditing/ Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
| Paper 3: Corporate and Other Laws/ Business and Corporate Laws/ Law, Ethics and Communication | Group I Paper 2: Corporate and Other Laws |
Papers required to be passed under New Scheme at Intermediate: Unit 1
- Group I Paper 3: Taxation
- Group II Paper 4: Cost and Management Accounting
- Group II Paper 6: Financial Management and Strategic Management
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management
- SET C: Specialization (elective) and
- SET D: Multidisciplinary (elective)
Scenario-IIA: Group-I passed in Intermediate under Paragraph 2A of Schedule ‘B’ (i.e. November 1994 or later) or Professional Education Examination–II or Professional Competence Examination and subsequently passed Unit 6 in Integrated Professional Competence Examination/ Intermediate (Integrated Professional Competence) Examination.
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 1: Advanced Accounting/ Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Auditing/ Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
| Paper 3: Corporate and Other Laws/ Business and Corporate Laws/ Law, Ethics and Communication | Group I Paper 2: Corporate and Other Laws |
| Paper 7: Information Technology and Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
Papers required to be passed under New Scheme at Intermediate: Unit 1A
- Group I Paper 3: Taxation
- Group II Paper 4: Cost and Management Accounting
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management
- SET C: Specialization (elective) and
- SET D: Multidisciplinary (elective)
Scenario-IIB:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 1: Advanced Accounting/ Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Auditing/ Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
| Paper 3: Corporate and Other Laws/ Business and Corporate Laws/ Law, Ethics and Communication | Group I Paper 2: Corporate and Other Laws |
| Paper 7: Enterprise Information Systems & Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
| Paper 8: Financial Management & Economics for Finance | Group II Paper 6: Financial Management and Strategic Management |
Papers required to be passed under New Scheme at Intermediate: Unit 1A
- Group I Paper 3: Taxation
- Group II Paper 4: Cost and Management Accounting
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management
either of - SET C: Specialization (elective) or
- SET D: Multidisciplinary (elective)
Scenario-III:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 1: Advanced Accounting/ Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Auditing/ Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
| Paper 3: Corporate and Other Laws/ Business and Corporate Laws/ Law, Ethics and Communication | Group I Paper 2: Corporate and Other Laws |
| Paper 3: Cost Accounting and Financial Management/Cost and Management Accounting | Group II Paper 4: Cost and Management Accounting |
| Paper 4: Taxation | Group I Paper 3: Taxation |
Papers required to be passed under New Scheme at Intermediate: Unit 1B
Group II Paper 6: Financial Management and Strategic Management
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management
- SET C: Specialization (elective) and
- SET D: Multidisciplinary (elective)
CA Inter Group-II Exemptions
Second Group passed CA Intermediate under Existing Scheme:
Scenario-IV:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 4: Cost Accounting/ Cost Accounting and Financial Management | Group II Paper 4: Cost and Management Accounting |
| Paper 5: Income Tax and Central Sales Tax | Group I Paper 3: Taxation |
| Paper 6: Organisation & Management and Fundamentals of Electronic Data Processing/ Information Technology |
Papers required to be passed under New Scheme at Intermediate: Unit 2
- Group I Paper 1: Advanced Accounting
- Group I Paper 2: Corporate and Other Laws
- Group II Paper 5: Auditing & Ethics
- Group II Paper 6: Financial Management and Strategic Management
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management either of
- SET C: Specialization (elective) or
- SET D: Multidisciplinary (elective)
Scenario-V:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 4: Cost Accounting and Financial Management | Group II Paper 4: Cost and Management Accounting |
| Paper 5: Taxation | Group I Paper 3: Taxation |
| Paper 6: Information Technology and Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
Papers required to be passed under New Scheme at Intermediate: Unit 2A
- Group I Paper 1: Advanced Accounting
- Group I Paper 2: Corporate and Other Laws
- Group II Paper 5: Auditing and Ethics
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management
- SET C: Specialization (elective) and
- SET D: Multidisciplinary (elective)
Scenario-VI:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 4: Cost Accounting/ Cost Accounting and Financial Management | Group II Paper 4: Cost and Management Accounting |
| Paper 5: Income Tax and Central Sales Tax | Group I Paper 3: Taxation |
| Paper 6: Organisation & Management and Fundamentals of Electronic Data Processing/ Information Technology | |
| Paper 5: Advanced Accounting | Group I Paper 1: Advanced Accounting |
| Paper 6: Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
Papers required to be passed under New Scheme at Intermediate: Unit 2B
Group I Paper 2: Corporate and Other Laws
Group II Paper 6: Financial Management and Strategic Management
Self-Paced Online Modules to be passed before appearing in Final Examination:
SET A: Corporate and Economic Laws
SET B: Strategic Cost & Performance Management either of
SET C: Specialization (elective) or
SET D: Multidisciplinary (elective)
Scenario-VII:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 4: Cost Accounting and Financial Management | Group II Paper 4: Cost and Management Accounting |
| Paper 5: Taxation | Group I Paper 3: Taxation |
| Paper 6: Information Technology and Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
| Paper 5: Advanced Accounting | Group I Paper 1: Advanced Accounting |
| Paper 6: Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
Papers required to be passed under New Scheme at Intermediate: Unit 2C
Group I Paper 2: Corporate and Other Laws
Self-Paced Online Modules to be passed before appearing in Final Examination:
SET A: Corporate and Economic Laws
SET B: Strategic Cost & Performance Management
SET C: Specialization (elective) and
SET D: Multidisciplinary (elective)
Scenario-VIII:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 4: Cost Accounting/ Cost Accounting and Financial Management | Group II Paper 4: Cost and Management Accounting |
| Paper 5: Income Tax and Central Sales Tax | Group I Paper 3: Taxation |
| Paper 6: Organisation & Management and Fundamentals of Electronic Data Processing/ Information Technology | |
| Paper 1: Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Business Laws, Ethics and Communication/ Corporate and Other Laws | Group I Paper 2: Corporate and Other Laws |
Papers required to be passed under New Scheme at Intermediate: Unit 2D
Group II Paper 5: Auditing and Ethics
Group II Paper 6: Financial Management and Strategic Management
Self-Paced Online Modules to be passed before appearing in Final Examination:
SET A: Corporate and Economic Laws
SET B: Strategic Cost & Performance Management either of
SET C: Specialization (elective) or
SET D: Multidisciplinary (elective)
Scenario-IX:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 4: Cost Accounting and Financial Management | Group II Paper 4: Cost and Management Accounting |
| Paper 5: Taxation | Group I Paper 3: Taxation |
| Paper 6: Information Technology and Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
| Paper 1: Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Business Laws, Ethics and Communication/ Corporate and Other Laws | Group I Paper 2: Corporate and Other Laws |
Papers required to be passed under New Scheme at Intermediate: Unit 2E
Group II Paper 5: Auditing and Ethics
Self-Paced Online Modules to be passed before appearing in Final Examination:
SET A: Corporate and Economic Laws
SET B: Strategic Cost & Performance Management
SET C: Specialization (elective) and
SET D: Multidisciplinary (elective)
Scenario-X:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 1: Accounting | Group I Paper 1: Advanced Accounting |
| Paper 2: Business Laws, Ethics and Communication/ Corporate and Other Laws | Group I Paper 2: Corporate and Other Laws |
| Paper 3: Cost Accounting and Financial Management/Cost and Management Accounting | Group II Paper 4: Cost and Management Accounting |
| Paper 4: Taxation | Group I Paper 3: Taxation |
Papers required to be passed under New Scheme at Intermediate: Unit 2D
Group II Paper 5: Auditing and Ethics
Group II Paper 6: Financial Management and Strategic Management
Self-Paced Online Modules to be passed before appearing in Final Examination:
SET A: Corporate and Economic Laws
SET B: Strategic Cost & Performance Management
SET C: Specialization (elective) and
SET D: Multidisciplinary (elective)
Scenario-XIA:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 5: Advanced Accounting | Group I Paper 1: Advanced Accounting |
| Paper 6: Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
| Paper 7: Information Technology and Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
Papers required to be passed under New Scheme at Intermediate: Unit 3
Group I Paper 2: Corporate and Other Laws
Group I Paper 3: Taxation
Group II Paper 4: Cost and Management Accounting
Self-Paced Online Modules to be passed before appearing in Final Examination:
SET A: Corporate and Economic Laws
SET B: Strategic Cost & Performance Management
SET C: Specialization (elective) and
SET D: Multidisciplinary (elective)
Scenario-XIB:
| Papers passed under Old/Existing Scheme | Corresponding exemption under New Scheme |
|---|---|
| Paper 5: Advanced Accounting | Group I Paper 1: Advanced Accounting |
| Paper 6: Auditing and Assurance | Group II Paper 5: Auditing and Ethics |
| Paper 7: Enterprise Information Systems & Strategic Management | Group II Paper 6: Financial Management and Strategic Management |
| Paper 8: Financial Management & Economics for Finance | Group II Paper 6: Financial Management and Strategic Management |
Papers required to be passed under New Scheme at Intermediate: Unit 3
- Group I Paper 2: Corporate and Other Laws
- Group I Paper 3: Taxation
- Group II Paper 4: Cost and Management Accounting
Self-Paced Online Modules to be passed before appearing in Final Examination:
- SET A: Corporate and Economic Laws
- SET B: Strategic Cost & Performance Management either of
- SET C: Specialization (elective) or
- SET D: Multidisciplinary (elective)
On-line facility for checking exemptions granted in CA Final and Intermediate papers valid for May 2024 examination will be available at icaiexam.icai.org. Note that there is no concept of paper wise exemption in the Foundation Exam.
You may claim the exemption in a paper of Chartered Accountancy Intermediate and CA Final examinations. Exemption is in accordance with the terms of Regulation 37C(8) and Regulation 38C(6), respectively, of the Chartered Accountants Regulations 1988.
The rules in this regard are provided in the Guidance Notes made available to the students along with the examination forms and hosted on ICAIEXAM.ICAI.ORG. The related FAQs are also hosted by CA Institute on official website www.icai.org
Hosting of ICAI Exemption Status for Nov 2023
Some of the candidates of CA Intermediate and CA Final carry a misconception that they enjoy an exemption in a paper(s) whereas in reality they do not and end up absenting themselves in the said paper, resulting in avoidable hardships.
Accordingly, ICAI has developed a website to host all exemption related information where you may check the status of exemption(s) in a paper granted in the Intermediate and Final examinations, valid for the coming exams i.e. Nov 2023.
In other words, CA Institute shall host the details of exemptions granted in papers of CA Intermediate and CA Final so that candidates may check their exemption status before exams.
How to Check Exemption Status for Nov 2023 Exam
To check your status of exemption granted in CA Intermediate or CA Final examination papers, please login to your account at icaiexam.icai.org using your Students Registration Number (SRN) as user ID and view the exemption status as per ICAI records.
So, please login to your account and check from your dashboard on official website eservices.icai.org on or before October, 2023. Check the exemption details and take necessary action before appearing for CA Intermediate (IPC) or CA Final examinations to be held in Nov 2023.
Available from Oct 2023
Students may see the month and year of relevant exam and roll number indicated on the above mentioned site, with those contained on the relevant Statement of marks issued to them.
Note that exemptions granted in a paper(s) are indicated by way of “#” against the marks awarded thereon and the result of the relevant Group is indicated as “F-EX”, in the Statement of Marks. If the exemption is not granted or entering wrong Reg. No., you will see this message “Invalid Registration Number / No Exemption Data!” on your computer screen.
Date of Hosting the Exemption Data
ICAI has hosted details of CA Final and CA Intermediate exam papers exemptions on October 2023 at 11:00 am and therefore, you should login to your ICAI eServices portal account to see the same.
You may check paper wise CA Intermediate exemption status or CA Final exemption status for ICAI Nov 2023 exams to be held in the month of November this year.
Last date for Emailing Discrepancy, if any
Check your CA Intermediate/ Final new syllabus and old syllabus exemption Status for November 2023 Exam.
October 2023 is the last date for checking the status of exemptions granted to CA Intermediate and CA Final candidates in their respective exam papers.
In case of any discrepancy, please write to the Examination Department of ICAI immediately, in any case not later than Oct, 2023, at the following e-mail address enclosing scanned copy of the relevant mark sheet in which exemption was granted.
- Final candidates: final.exemption@icai.in
- Intermediate Examination: intermediate_examhelpline@icai.in
Please do not forget to enclose the scanned copy of the relevant mark sheet in which exemption was granted. ICAI Exam Department will respond to your email just within 7 days of the receipt of the e-mail.
In case you do not receive any response within 7 days, contact/write to the e-mail address provided herein below.
- final2@icai.in for CA Final candidates; and
- inter7@icai.in for CA Intermediate(IPC) candidates.
ICAI Clarifications regarding Exemptions in CA Exam paper(s)
After receiving certified copies of answer books in respect of CA examinations some students notice that in some papers, marks awarded to them on the Answer Books are at variance with those on the Statement of Marks issued to them. Thereafter they seek clarification from ICAI. Accordingly, CA Institute has clarified that
- Variance of marks between those on the answer books and those on the statement of marks issued to candidates is on account of revision of marks by the Examination Committee, under regulation 39(2) of the CA Regulations, 1988 prior to declaration of results of the examination;
- Such revision is taken into consideration while processing the results and the revised marks are shown on the statement of marks;
- Such revised marks are not indicated on the answer books of the candidates and
- Marks in the statement of marks issued to candidates are final.
Therefore, you should verify the status of exemptions, if any, that you think that you had been granted in a paper, from the statement of marks sent to you and not on the basis of marks stated on the certified copies of answer books.
Note that exemptions, if any, granted to a candidate in an examination are indicated on the statement of marks by way of a “#” sign against the marks of the paper in which exemption is granted and in such cases, where a candidate is granted exemption, the result of the group would be shown as “F-EX”, i.e. failed with exemption.